SAP_FI_Introduction[1]

Views:
 
Category: Entertainment
     
 

Presentation Description

No description available.

Comments

Presentation Transcript

SAP Financial Accounting FI :

SAP Financial Accounting FI Dr. Djamal Ziani King Saud University

FI Overview:

FI Overview FI AP AR AM GL CON Special Ledger

Financial Accounting:

G/L Reporting Legal or external reporting Balance sheet Income Statement Statement of Financial Position Financial Accounting

Financial Accounting:

Stockholders Bankers, Lenders IRS, Taxing Authority External Auditors SEC Financial Accounting External Accounting Balance Sheet Profit & Loss Financial Position

Controlling:

Internal management reporting Reports by cost centers or other cost “objects” and cost elements Cost centers Orders and Projects Budget/plan Actual vs. plan CO Reporting Controlling

Controlling:

Controlling Internal Accounting Departmental Expense Report Salaries 10,000 Overhead 8,000 Other 5,000 Total 23,000 Department Managers Controllers Executives Senior Management

FI and CO comparison:

FI and CO comparison CO FI Legal or external reporting Reports by accounts Balance Sheet Income Statement Internal management reporting Reports by cost centers and cost elements Cost Center Reports

FI/CO Organizational Structures :

FI/CO Organizational Structures Client Company Chart of Accounts Company Code Business Area Credit Control Area Controlling Area

Client:

Client Highest hierarchical level in an SAP system A complete database containing all the tables necessary for creating a fully integrated system Master records are created at the client level

Company :

Company Consolidated financial statements are created at the company level A company can include one or more company codes All company codes must use the same fiscal year

Chart of Accounts:

Chart of Accounts A listing of the accounts A chart of accounts must be assigned to every company code Several company codes can use the same chart of accounts A different chart of accounts can be used if a different grouping of the chart of accounts is required

PowerPoint Presentation:

Co code 1000 Co code 2000 Co code 3000 Co code 4000 Co code 5000 US CHART OF ACCOUNTS GERMAN CHART OF ACCOUNTS CLIENT

PowerPoint Presentation:

CLIENT COMPANY COMPANY CHART OF ACCOUNTS CHART OF ACCOUNTS COMPANY CODE COMPANY CODE COMPANY CODE

PowerPoint Presentation:

Company Code

Company Code:

Company Code A required structure A legally independent entity The smallest organizational unit for which accounting can be carried out The level where business transactions are processed The level where accounts are managed The level where legal individual financial statements, such as the balance sheet and the profit and loss statement, are created A BALANCED SET OF BOOKS

PowerPoint Presentation:

CLIENT CHART OF ACCOUNTS CHART OF ACCOUNTS COMPANY CODE COMPANY CODE COMPANY CODE COMPANY COMPANY CREDIT CONTROL AREA CREDIT CONTROL AREA

Credit Control Area:

Credit Control Area An organizational unit or area of responsibility created to control customer credit limits A company code is assigned to one and only one credit control area Multiple company codes can be assigned to one credit control area

PowerPoint Presentation:

CLIENT CHART OF ACCOUNTS CHART OF ACCOUNTS COMPANY CODE COMPANY CODE COMPANY CODE COMPANY COMPANY CONTROLLING AREA CONTROLLING AREA

Controlling Area:

Controlling Area An organizational unit defining the company's cost/ managerial accounting operations A company code is assigned to one and only one controlling area A controlling area can have multiple company codes assigned to it This allows cross company cost allocations and reporting

Business Area:

Business Area

PowerPoint Presentation:

1 2 3 4 5 6 7 JANUARY FEBRUARY DECEMBER Fiscal Year Variant Determines the fiscal year Calendar year or non-calendar year Allows the use of special periods to aid year-end closing Is assigned to a company code

The functional Components of FI:

The functional Components of FI FI-GL FI-AR FI-AP FI-AA General Ledger Accounts Receivable Accounts Payable Asset Accounting FI-SL FI-LC Special Purpose Ledger Legal Consolidation

General Ledger G/L:

General Ledger G/L A ledger contains the accounts of an accounting system. Historically the ledger was a book where the accountant wrote into the postings. The main ledger of an accounting system is the general ledger . The general ledger (G/L) contains all accounts of the accounting system. All other ledgers are subsidary ledgers (subledgers) of the general ledger. The SAP system contains: accounts payable, accounts receivable and asset accounting.

Accounts Receivable / Accounts Payable:

Accounts Receivable / Accounts Payable Customers Vendors General ledger Accounts Receivable Accounts Payable

authorStream Live Help